Annual report 2001 - GL events

4
Consolidated cash flow :
Since 2000 cash flow is presented in compliance with the
new methodology and includes the following rules :
• Capital gains and losses as a result of disposals are shown
net of tax. Provisions against accounts receivable included
within the variation of cash flows relative to accounts
receivable. “Net cash flow from acquisitions” corresponds to :
• the price of acquisition,
• less part of the price not yet paid,
• less the available net cash flow (or plus the current cash
flow still due) at the time of the acquisition.
• For all disinvesting activities the logic retained is identical.
• The lines “Cash and cash equivalents at the beginning of
the year” and “Cash and cash equivalents at year-end”
relate to positive cash (bank, short-term investment ) less
discounted notes not yet due (off balance sheet items).
They do not include the current accounts with the nonconsolidated
companies.
Note 3
Goodwill
2000 Mvts/Scope. Increase Decrease Other mvts 2001
K€ K€ K€ K€ K€ K€
Goodwill 60 785 9 758 571 7 (249) 70 859
Amortization and provisions (81) (81)
Net total 60 785 9 677 571 7 (249) 70 778
At 31 December 2001, the item “Goodwill” can be broken down as follows :
K€
Goodwill included in the individual
company financial statements 6 597
Valuation differences allocated to goodwill 64 181
Net total 70 778